UK wireless charger market is estimated to grow considerably at a CAGR of 33.0% during the forecast period. UK is among the largest economy in Europe along with Germany and France, majorly owing to its trading power and financial businesses. The manufacturing industry in UK has seen a decline in recent years, accounting for around 10% of the decline in economic output due to the rise in service-based industries in the country. The country has an extensive trade relationship with other European members, owing to its single market membership. The country has well-developed ICT infrastructure, with continuous development in the electronics industry. UK is considered as one of the major contributors in the European wireless charger market owing to the potential of the electric vehicle industry.

Growing demand in the automotive industry and consumer goods industry, also driving the growth of the wireless charger market. A substantial number of mobile-cellular subscriptions in the UK have fuelled the growth of the wireless charger market. In 2014, the total mobile-cellular subscriptions in the UK were 78.5 million which reached 78.9 million in 2018. Additionally, the increasing demand for smartphones and technological advancement creates demand for a wireless charger in the region. In UK, Apple, Inc., Samsung Electronics, Co. Ltd., and Huawei Technologies Co., Ltd. majorly dominates smartphone sales. Among these Apple leads the smartphone market by around 35% despite net sales decreased during 2019 compared to 2018 due to lower iPhone net sales, partially offset by higher wearables, home and accessories and services net sales.

The companies which are contributing to the growth of UK wireless charger market include Aircharge, BMW AG, Samsung Electronics Co., Ltd., Tesla Inc., and Huawei Technologies Co., Ltd. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in January 2020, Oral-B unveiled the latest Oral-B iO range of electric toothbrush at Consumer Electronics Show 2020.  Further, in October 2019, Oral-B Launched its latest innovation named Genius X with an AI power toothbrush.

Research Methodology

The market study of the UK wireless charger market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. UK Wireless Charger Market Research and Analysis by Technology
2. UK Wireless Charger Market Research and Analysis by Mobility
3. UK Wireless Charger Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the UK wireless charger market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the UK wireless charger market.
• Insights about market determinants which are stimulating the UK wireless charger market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.